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Market Conditions in Van Nuys : Real Estate Advice

  • All64
  • Local Info8
  • Home Buying14
  • Home Selling2
  • Market Conditions4

Activity 5
Fri Dec 14, 2012
Guillermo Martinez answered:
HOA fees May very depending on the complex some will cover pool maintenance if there is any,water,and any damage on the outside of the building so pretty much is to maintain the building in their very best condition thats why fees may very depending on the area if you have any other question feel free to contact me anytime

Guillermo Martinez
REO & Short Sale Specialist
6260 Laurel Cyn Blvd
No Hollywood Ca 91606
Office (818) 508-0005
Cell (818) 970 7945
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Sat Oct 20, 2012
inna ivchenko answered:
so, now it is 2012 and all is changed: inventory is low, prices up a little bit, houses/condos are sold fast(huge number of short sales are sitting there as "Active'' or ''Backup'' for months, but they have many offers withing a very first week, they wait for a bank approval to change status to Pending).

Right now, at this moment( condos and houses in E/W Van Nuys):
# of Active Listings = 58
Average DOM = 59
Low Price $= 140,000
Median Price $= 349,950
High Price $ = 3,100,000
Average Price Total $ = 503,258
*Avg. Price w/ Sq.Ft. $= 211.65

But if you are curious about Sold houses(sfr) statistics:
Median Sales Price West/East Vun Nuys:
Sept/2011: 421k/280k
* while
Sept/2012: 301k/310k
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Sun Aug 15, 2010
Young-Jin Yang answered:
It depends on the financing you are using. Are you FHA or conventional 20% down? It really depends if any others have put in offers in on the home. I would be happy to contact the agent for you and figure out the exact situation. It doesn't seem to low ball. Good luck on your purchase! ... more
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Wed Feb 24, 2010
Tommy Lee answered:
It all depends on you point of view. Currently there are 91 total homes on the market with 56 of them single family and the rest are condos. The inventoy is lower now than it was a few months ago but more than it was a few years ago.

If you want to track the number, simply go to and click on Home Search and then click on Residential. Finally, click on Van Nuys and display the list. On Dilbeck's website you can also look under the Foreclosure list for that area. You can also use the Advanced search if you are looking for something specific such as "guest house" or "hardwood floors".

You will see 167 on Dilbeck's websit since it includes all vacant lots, multi units etc.

If you want something specific, send me an email and I can pu a filter on the MLS and the listings will all come directly to your inbox as soon as they are listed.

Tommy Lee
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Tue Mar 31, 2009
James Fiedler asked:
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Market Conditions in Van Nuys Zip Codes